What on earth could be so urgent that I had to leave my open house in Studio City and drive all the way over the hill?

Does that mean Higashida acquired a 50-million yen real estate overseas somewhere? it will be a big step forward to recovering our 500 million.

So here I made a distribution builder where instead of showing numerical outcomes, I show people what those outcomes will get you, in particular apartments that you can afford if you're retiring on 3, 000, 2, 500, 2, 000 dollars per month and so on.

Every time you walk into an open house, you get some information about what's out there and what's on the market, but every time you walk out, you're running the risk of the very best place passing you by.

(Laughter) If you want to maximize the probability that you find the very best place, you should look at 37 percent of what's on the market, and then make an offer on the next place you see, which is better than anything that you've seen so far.

My family and I bought our first and only home on December 13, 2001, a fixer-upper in a beautiful spot of Los Altos Hills, California, from where I am speaking to you now.

This is Airbnb, which in just a few years has radically disrupted the hotel industry without owning a single square foot of real estate.